Comments on: Dollar Collapse – America, A Country Living On IOU’s – Peter Schiff – Part 2 – America Is Finished

By: KeanOOO

KeanOOO — Sun, 17 Jan 2010 13:45:42 +0000

I wouldn’t read too …
I wouldn’t read too much into that comment. He probably had planned to say it before the interview began because it kinda sounds intelligent.

He was a good host.

By: treboomboom

treboomboom — Sun, 17 Jan 2010 13:45:42 +0000

America has an ” …
America has an “official” debt of around 11 trillion but that is not even the worst liability that we have. The Wars in Iraq and Afghanistan will cost us close to 5 trillion in spending and opportunity cost(the money could have gone to better, more productive activities). We committed to around 7.2 trillion dollars for the bailouts. Over the next 50 years we have 50 trillion dollars worth of entitlements such as social security, medicaid in the next 40 years. I would diversify your investments.

By: evilferret132

evilferret132 — Sun, 17 Jan 2010 13:45:41 +0000

….the americans …
….the americans have uses everybodys wealth and gave them paper money
when they figerd it out they stoped useing it and there in debt

By: evilferret132

evilferret132 — Sun, 17 Jan 2010 13:45:40 +0000

the wars in iraq …
the wars in iraq and afgan will
bring back 14trill and cost 5 trill
each 28tril for 10tril
thats very good

By: evilferret132

evilferret132 — Sun, 17 Jan 2010 13:45:39 +0000

not exactly 14trill …
not exactly 14trill but you will earn more than you lose
its esamated thet there are 144trillon in oil in iraq and afgan and iran
so yea your wars will be repayed from that oil

i may of got the numbers a bit wrong

By: treboomboom

treboomboom — Sun, 17 Jan 2010 13:45:39 +0000

How do figure that …
How do figure that the war in iraq brings back 14 trillion dollars?! Do you have any idea what you’re talking about? Where did you get those numbers?

By: Kiphrane

Kiphrane — Sun, 17 Jan 2010 13:45:38 +0000

Hope we don’t end …
Hope we don’t end up like Iceland, dudes.